Insurance Compliance Officer (Remote)

Placements24; Stellenbosch; Hybrid; ZAR 480,000 - 720,000; Full time

Benefits offered by this job

Remote work

Competitive salary

Health benefits

Professional development opportunities

Job summary

Placements24 is seeking a highly knowledgeable Insurance Compliance Officer to join a remote team in South Africa. You will ensure adherence to FAIS, FICA, and internal policies while developing and monitoring compliance programs.

The role requires strong regulatory understanding, sharp analytical skills, and the ability to train staff and liaise with regulators and auditors from anywhere in South Africa, with a focus on Stellenbosch region standards.

Qualifications

• Extensive experience in insurance compliance or risk management.
• Deep knowledge of SA insurance laws and FAIS/FICA.
• Excellent communication and staff training skills.

Responsibilities

• Develop and monitor the company's insurance compliance program.
• Track regulatory changes and update policies accordingly.
• Conduct internal audits and assess compliance effectiveness.
• Provide training and guidance on compliance matters.
• Investigate breaches and recommend corrective actions.
• Liaise with regulators and external auditors as required.

Skills

Insurance compliance

Risk management

Regulatory knowledge

Education

Legal degree

Compliance certification

Job description

About the Role

Our client is seeking a highly knowledgeable and diligent Insurance Compliance Officer to join their remote team. This critical role ensures that the company adheres to all relevant laws, regulations, and internal policies governing the insurance industry. You will be responsible for developing, implementing, and monitoring compliance programs, conducting internal audits, and providing guidance to staff on regulatory matters. The ideal candidate possesses a strong understanding of insurance regulations, exceptional analytical skills, and the ability to proactively identify and mitigate compliance risks. This position offers a significant opportunity to shape and maintain the company's ethical and legal framework, working remotely from anywhere in South Africa , with a focus on the Stellenbosch region's operational standards.

Key Responsibilities

• Develop, implement, and manage the company's insurance compliance program.
• Monitor changes in laws and regulations affecting the insurance industry and ensure timely updates to policies and procedures.
• Conduct regular internal audits and assessments to evaluate compliance effectiveness.
• Provide training and guidance to employees on compliance-related matters and best practices.
• Investigate compliance breaches and recommend corrective actions.
• Liaise with regulatory bodies and external auditors as required.

Requirements

• Extensive experience in insurance compliance , risk management, or a related legal field.
• In-depth knowledge of South African insurance laws and regulatory frameworks (e.g., FAIS, FICA).
• Strong analytical and problem-solving skills with the ability to interpret complex regulations.
• Excellent communication, presentation, and training skills.
• Demonstrated ability to work independently and manage multiple priorities in a remote setting.
• Relevant professional qualifications such as a legal degree or compliance certification are highly desirable.

Benefits

• Competitive annual salary with performance incentives.
• Fully remote position offering substantial flexibility.
• Comprehensive health, dental, and retirement benefits.
• Opportunities for professional development and continuing education in compliance.
• A key role in upholding the integrity and ethical standards of the organization.